Price Efficiency on Uniswap đ
Constant product formula vs. order book.
A drifter, off to see the world
Constant product formula vs. order book.
If money never sleeps, why should the cryptos?
Where blockchain meets Brownian motion.
And how having friends makes the stalk market a lot more profitable.
A glimpse of the promised land.
A step-by-step derivation.
A proof by comparing change of measure with the Black-Scholes formula.